JD Supra (JD Supra Mexico)

I. General Overview - As of 2020, Mexico has a population of 126,014,024 according to the Mexican National Institute of Statistics and Geography (Instituto Nacional de Estadística y Geografía). Covers a land area of 1,964,375 square kilometers (1,220,606 square miles) and its official language is Spanish.

KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER MEXICAN LAW - I. Real Estate General Overview - The real estate business in Mexico has been increasingly growing during the last decades to the point that now it is considered as a serious, viable and promising economic activity among both Mexicans and foreigners. This growth has developed in a more dynamic and secure economic sector in our...

KEY FACTS OF BANKRUPTCY, INSOLVENCY & REHABILITATION PROCEEDINGS UNDER MEXICAN LAW - Preface - On 12 May 2000, the Commercial Insolvency Law (the “CIL”) was published in the Federal Official Gazette, and it entered into full force and effect the next day. This law replaced the 1943 Law governing the Suspension of Payments and Bankruptcy, and all other legal provisions that opposed the...

Commercial arbitration, both domestic and transnational, is an important component of the business environment in Latin America, and has since the 1990s led to a proliferation of arbitral institutions in Latin American countries. This 2023 Guide identifies more than 170 arbitral bodies, and presents findings on their history, caseload, whether parties are private or public, where proceedings

I. General Overview - As of 2020, Mexico has a population of 126,014,024 according to the Mexican National Institute of Statistics and Geography (Instituto Nacional de Estadística y Geografía). Covers a land area of 1,964,375 square kilometers (1,220,606 square miles) and its official language is Spanish. Please see full Chapter below for more information.

KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER MEXICAN LAW - I. Real Estate General Overview - The real estate business in Mexico has been increasingly growing during the last decades to the point that now it is considered as a serious, viable and promising economic activity among both Mexicans and foreigners. This growth has developed in a more dynamic and secure economic sector in our...

KEY FACTS OF BANKRUPTCY, INSOLVENCY & REHABILITATION PROCEEDINGS UNDER MEXICAN LAW - Preface - On 12 May 2000, the Commercial Insolvency Law (the “CIL”) was published in the Federal Official Gazette, and it entered into full force and effect the next day. This law replaced the 1943 Law governing the Suspension of Payments and Bankruptcy, and all other legal provisions that opposed the...

I. General Overview - As of 2020, Mexico has a population of 126,014,024 according to the Mexican National Institute of Statistics and Geography (Instituto Nacional de Estadística y Geografía). Covers a land area of 1,964,375 square kilometers (1,220,606 square miles) and its official language is Spanish. In matters of political division, Mexico is a Federal Republic formed by 32 states,...

KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER MEXICAN LAW - I. Real Estate General Overview - The real estate business in Mexico has been increasingly growing during the last decades to 1 Article 27 of the Mexican United States Political Constitution (Constitución Política de los Estados Unidos Mexicanos) (the “Mexican Constitution”). the point that now it is considered as a serious, viable

KEY FACTS OF BANKRUPTCY, INSOLVENCY & REHABILITATION PROCEEDINGS UNDER MEXICAN LAW - Preface - On 12 May 2000, the Commercial Insolvency Law (the “CIL”) was published in the Federal Official Gazette, and it entered into full force and effect the next day. This law replaced the 1943 Law governing the Suspension of Payments and Bankruptcy, and all other legal provisions that opposed the...

On May 31, 2021, Judge Juan Pablo Gómez Fierro of the Second District Court for Administrative Matters, specialized in Economic Competition, Broadcasting and Telecommunications ("District Judge"), suspended the amendment to the Hydrocarbons Law that repealed PEMEX’s asymmetric regulation.

Precedents and Goals on Climate Change - In accordance with Mexican legal precedents, climate change is the "[v]ariation of the climate directly or indirectly attributed to human activity, which alters the composition of the global atmosphere and adds to the natural variability of the climate observed during comparable periods."

Mexico’s federal government is continuing to reopen more of the country as the pandemic appears to be waning, with half of the 32 states designated in green traffic light status - the status under which all business and social activity restrictions are lifted, according to the nation’s four-tiered COVID-19 monitoring system. With another 15 states in yellow traffic light status, and none in...

Mexico's Federal Official Gazette issued on May 24, 2021, the agreement announcing the general provisions for the registration of individuals or legal entities that provide specialized services or perform specialized works in connection with the outsourcing reform dated on April 23, 2021.

On May 24, 2021, the Ministry of Labor and Social Welfare (Secretaría del Trabajo y Previsión Social) (STPS) published guidance under the recently amended Mexican Labor Law in the Official Gazette of the Federation clarifying the outsourcing registration requirements for individuals and entities that provide subcontracting services. The amendment generally prohibits employers from subcontracting...

On May 20, 2021, Mexico's Congress published reforms to the Civil Aviation Law to better align the nation's air transport industry with the regulatory requirements of international treaties and to comply with the recommendations of the International Civil Aviation Organization (ICAO) and its Convention on International Civil Aviation.

Mexico President Andres Manuel Lopez Obrador approved for publication on May 4 changes to Mexico’s Hydrocarbon Law (the Hydrocarbons Reform), which is aimed to impair investors in the sector. Following publication in the Federal Official Gazette (Diario Oficial de la Federación), it entered into force on May 5, 2021.

Two district judges have temporarily suspended certain provisions of the amendment to the Hydrocarbons Law published in the Federal Official Gazette (Diario Oficial de la Federación, “DOF”) on May 4, 2021 (the “Amendment”).

The Mexican Senate voted on May 6, 2021, to approve a bill to reform various provisions of the General of Negotiable Instruments and Credit Transactions (Ley General de Títulos y Operaciones de Crédito or LGTOC), the Federal Code of Civil Procedure (Código Federal de Procedimientos Civiles or CFPC), the Law of Credit Institutions (Ley de…

For the sixth consecutive two-week COVID-19 reporting period, none of Mexico’s 32 states are in red traffic light status, the most stringent of the nation’s four-tiered monitoring system designed to prevent the spread of the COVID-19 pandemic.

Possible Future Risk for U.S. Financial Services Companies - Global digitalization spurred by rapid advances in digital technology is enabling virtual business operations at a frenetic pace, including by insurance and other U.S. financial services companies. Without the need for physical presence or infrastructure in a specific jurisdiction, technological platforms facilitate the delivery of...

On May 5, 2021, regardless of the clear warnings and recommendations by Mexico´s Antitrust Commission, amendments to the Hydrocarbons Law were published in the Federation’s Official Gazette. The referred amendments pose a clear siege to permit-holders by creating uncertainty and providing unmeasured authority to the Mexican government as follows: Conditions issuance and maintenance of...

WLG asked member firms around the globe to provide some insight on employer and employee rights when it comes to requiring the COVID-19 vaccine to return to work. Responses for Mexico have been updated with new questions since its initial publication in January.

On May 4, 2021, the first amendment to Mexico’s Hydrocarbons Law was published in the Federal Official Gazette, with the legislative process having concluded on April 22, 2021, after a heated debate during a plenary session of the Senate (the “Amendment”).

Following our client alert published on March 30, 2021, the "decree by which several provisions of the Hydrocarbons Law are amended and added" (the "Reform") was published on May 4, 2021 and entered into effect on May 5, 2021.

On April 23, 2021, an amendment to the Mexican Labor Law was published in the Official Gazette of the Federation. Below are the key points about the amendment and how they will affect employers that outsource or subcontract work.

Another proposed reform to the Hydrocarbons Law has gone through a hasty legislative process. On April 29, 2021, the Mexican Senate approved a reform bill ending the powers of the Energy Regulatory Commission (“CRE”) to enforce asymmetric regulation in the hydrocarbon, petroleum products and petrochemical markets (the “draft amendment”).

After weeks of improving pandemic conditions in Mexico - since March 2021, none of Mexico’s 32 states has been classified in red status, the strictest tier of the federal government’s four-tiered COVID-19 traffic light monitoring system - there has been a slight regression in the epidemiological trend. In this report, the traffic light system reveals a tightening of restrictions in response to

El pasado 26 de abril, entraron en vigor tanto en la Ciudad de México, como en el Estado de México respectivamente, nuevas medidas de protección a la salud que deberán ser observadas por la emergencia sanitaria en la que continúa el país.

The current administration has sustained an attack against the electricity legal framework established by its predecessor. The new framºework reflects a major change in policy concerning the participation of the private sector in Mexico’s electricity industry, which could endanger billions of dollars in investments, the creation of thousands of jobs and could result in the emission of thousands...